Published: Sat, August 12, 2017
Electronics | By Jesus Weaver

Monmouth Real Estate Investment Corporation (NYSE:MNR) Under Analyst Spotlight

Monmouth Real Estate Investment Corporation (NYSE:MNR) Under Analyst Spotlight

RioCan Real Estate Investment Trust (RioCan) is a Canada-based unincorporated closed-end real estate investment trust.

Washington Real Estate Investment Trust is a self-administered equity real estate investment trust. Credit Suisse AG now owns 285,118 shares of the real estate investment trust's stock worth $4,316,000 after buying an additional 6,646 shares during the period. Bank of New York Mellon Corp purchased a new stake in KKR Real Estate Finance Trust during the second quarter worth $787,000. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments. The value of the investment in PEI went from $1,863,000 to $1,448,000 a change of 22.3% quarter over quarter. Finally, Fifth Third Bancorp boosted its stake in Investors Real Estate Trust by 11.8% in the first quarter. Over the past 2 quarters, Monmouth Real Estate Investment Corporation (NYSE:MNR) is up 3.84%, compared with a gain of almost 7.38% for 3 months and about -0.92% for the past 30 days. Institutional investors and hedge funds own 53.01% of the company's stock.

Investors Real Estate Trust has a 50 day moving average of 6.20 and a 200 day moving average of 6.16. If the stock price is unchanged its weighted alpha will be smaller. The company has market cap of $126,516. The firm's 50-day moving average is $6.20 and its 200-day moving average is $6.16.

By historical standards, Monmouth Real Estate Investment Corporation (NYSE:MNR) remains a cheap stock.

Pennsylvania Real Estate Investment Trust (NYSE:PEI) last issued its quarterly earnings data on Tuesday, August 8th. The business had revenue of $89.25 million for the quarter, compared to analyst estimates of $95.60 million. The business's revenue was down 1.0% on a year-over-year basis. Shareholders of record on Friday, June 30th were given a dividend of $0.25 per share. Analysts are expecting EPS growth rates to be at 54.80% this quarter and EPS estimate for next year reflect 15.94% growth rate. Its up 0.33, from 0.98 in 2016Q3. It has a dividend yield of 7.47%.

01/20/2014 - Monmouth Real Estate Investment Corporation was downgraded to "sell" by analysts at Thomson Reuters/Verus.

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PEI has been the topic of a number of research reports. The Hong Kong-based Nine Masts Capital Ltd has invested 2.82% in the stock.

01/15/2016 - Investors Real Estate Trust had its "buy" rating reiterated by analysts at Liberum Capital. Vanguard Grp Inc has invested 0.01% in Investors Real Estate Trust (NYSE:IRET). Baird upgraded Washington Real Estate Investment Trust from a "neutral" rating to an "outperform" rating and set a $34.00 price objective on the stock in a research report on Tuesday, May 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company.

Monmouth Real Estate Investment Corporation (NYSE:MNR) declined 0.53% throughout intraday market trading on early Wednesday, reaching $15.14. the firms shares had a trading volume of 120,351 Stocks. The shares were purchased at an average cost of $10.88 per share, with a total value of $108,800.00. Maxim Group maintained the shares of JWN in report on Friday, November 11 with "Buy" rating. The stock was acquired at an average cost of $11.78 per share, with a total value of $58,900.00. The company's stock had a trading volume of 97,327 shares. George J. Jr Alburger, Director disclosed the purchase of 5,000 shares.

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